Can This Billionaires' Row Apartment Beat The Odds, Resell For $70 Million?

Three years ago a mystery buyer paid $100.5 million for a duplex apartment atop One57. The sale set a New York City record and anointed the tower king of Billionaire's Row, the stretch of West 57th Street in Manhattan where numerous ultra-tall, ultra-pricey condominiums have risen in recent years. The record still holds, but amid the luxury market's slowdown in the years since, the building has lost some of its allure.

Despite the buildings lacklusterresale results and the largest foreclosure in city history, at least one owner is holding out hope. In October, a 85th-floor unit was listed for $70 million. A sale at the asking price would net a 25% profit over the $55.6 million paid in 2014.

The full floor apartment has three-bedrooms and 4.5 bathrooms. Meticulously designed and barely lived in, the apartment is being sold fully furnished. Listing agent Nikki Field claims the owner spent close to $20 million and four years renovating the apartment, which he bought before the building—considered perhaps the most luxurious ever built—was even finished.

In December, Field, who works for Sotheby's International Realty, gave Forbes an exclusive tour of the place (see the video above). From the apartment's north-facing windows all 843-acres of Central Park are visible. When the building was still being built the Field and the current owner rode the exterior construction elevator down from the very top so he could select the perfect view.

From the other windows, however, cranes and more construction elevators come into view. A block to the west, work is underway on Central Park Tower, the next act from One57 developer Extell. It is a potent reminder that New York real estate, no building reigns for long.

This video is part of an ongoing series bringing you inside the most spectacular homes in the world. Check the Forbes Life YouTube page every Tuesday for a new video. For a view from the West Coast, watch last week's look at a cutting edge Beverly Hills contemporary. For a look at another Manhattan apartment seeking $70 million watch this.